Texas Instruments Incorporated $TXN Shares Purchased by McKinley Carter Wealth Services Inc.

Key Points

• McKinley Carter Wealth Services Inc. increased its stake in Texas Instruments by 16.5%, owning 14,323 shares valued at approximately $2.97 million after acquiring additional shares in the second quarter.
• The semiconductor company reported earnings of $1.41 per share for the last quarter, exceeding the consensus estimate, with revenue up 16.4% year-over-year.
• Texas Instruments announced an increase in its quarterly dividend to $1.42 per share, with a payout ratio currently at 104.03%, indicating strong shareholder returns despite potential profitability concerns.

McKinley Carter Wealth Services Inc. boosted its holdings in Texas Instruments Incorporated (NASDAQ:TXN - Free Report) by 16.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,323 shares of the semiconductor company's stock after acquiring an additional 2,024 shares during the period. McKinley Carter Wealth Services Inc.'s holdings in Texas Instruments were worth $2,974,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC lifted its holdings in Texas Instruments by 10.9% in the first quarter. Kestra Private Wealth Services LLC now owns 63,786 shares of the semiconductor company's stock valued at $11,462,000 after acquiring an additional 6,267 shares during the last quarter. Independent Advisor Alliance lifted its holdings in Texas Instruments by 4.8% in the first quarter. Independent Advisor Alliance now owns 26,684 shares of the semiconductor company's stock valued at $4,795,000 after acquiring an additional 1,232 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC acquired a new position in Texas Instruments in the second quarter valued at approximately $326,000. Farther Finance Advisors LLC lifted its holdings in Texas Instruments by 34.4% in the second quarter. Farther Finance Advisors LLC now owns 16,363 shares of the semiconductor company's stock valued at $3,397,000 after acquiring an additional 4,191 shares during the last quarter. Finally, Generate Investment Management Ltd lifted its stake in Texas Instruments by 40.0% during the second quarter. Generate Investment Management Ltd now owns 87,796 shares of the semiconductor company's stock worth $18,228,000 after purchasing an additional 25,105 shares in the last quarter. 84.99% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Texas Instruments

In other news, VP Ahmad Bahai sold 1,500 shares of the stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $205.35, for a total transaction of $308,025.00. Following the completion of the sale, the vice president owned 38,883 shares in the company, valued at approximately $7,984,624.05. This represents a 3.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.57% of the company's stock.

Analyst Ratings Changes

A number of research firms have commented on TXN. TD Cowen decreased their price target on Texas Instruments from $245.00 to $230.00 and set a "buy" rating on the stock in a research note on Wednesday, July 23rd. DZ Bank restated a "sell" rating and set a $158.00 price target on shares of Texas Instruments in a research note on Wednesday, July 23rd. BNP Paribas upgraded Texas Instruments to a "strong sell" rating in a research note on Wednesday, July 23rd. Arete began coverage on Texas Instruments in a research note on Thursday, June 26th. They set a "neutral" rating and a $203.80 price target on the stock. Finally, Truist Financial upped their price target on Texas Instruments from $171.00 to $196.00 and gave the stock a "hold" rating in a research note on Wednesday, July 23rd. Two analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, fourteen have given a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat, Texas Instruments presently has a consensus rating of "Hold" and a consensus target price of $213.82.

Texas Instruments Stock Performance

NASDAQ:TXN opened at $178.96 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 5.81 and a quick ratio of 3.88. Texas Instruments Incorporated has a 12 month low of $139.95 and a 12 month high of $221.69. The firm has a market capitalization of $162.70 billion, a PE ratio of 32.78, a price-to-earnings-growth ratio of 2.97 and a beta of 1.01. The business's fifty day moving average price is $188.45 and its 200 day moving average price is $185.80.

Texas Instruments (NASDAQ:TXN - Get Free Report) last released its quarterly earnings data on Tuesday, July 22nd. The semiconductor company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.09. Texas Instruments had a net margin of 30.23% and a return on equity of 30.10%. The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.31 billion. During the same quarter in the prior year, the firm posted $1.17 earnings per share. Texas Instruments's revenue for the quarter was up 16.4% on a year-over-year basis. Texas Instruments has set its Q3 2025 guidance at 1.360-1.600 EPS. On average, sell-side analysts anticipate that Texas Instruments Incorporated will post 5.35 earnings per share for the current fiscal year.

Texas Instruments Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 12th. Stockholders of record on Friday, October 31st will be paid a dividend of $1.42 per share. This represents a $5.68 annualized dividend and a dividend yield of 3.2%. This is a positive change from Texas Instruments's previous quarterly dividend of $1.36. The ex-dividend date is Friday, October 31st. Texas Instruments's payout ratio is currently 104.03%.

About Texas Instruments

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products.

Want to see what other hedge funds are holding TXN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Texas Instruments Incorporated (NASDAQ:TXN - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.